PARVATI.BO up 25.20% to INR 10.73 on BSE 23 Jan 2026: watch volume-led momentum
PARVATI.BO stock led BSE gainers on 23 Jan 2026, jumping 25.20% to INR 10.73 on heavy volume. The move came after an intraday high of INR 11.60 and traded volume of 152,887 shares versus an average volume of 13,565, a clear liquidity spike. Traders cited short-covering and sector rotation into basic materials as drivers. We review price action, fundamentals, technicals and Meyka AI forecasts to explain why Parvati Sweetners and Power Ltd (PARVATI.BO) outperformed peers in India’s Basic Materials sector today.
Price action: PARVATI.BO stock performance on 23 Jan 2026
PARVATI.BO stock closed at INR 10.73, up 25.20% from the previous close of INR 8.57. One clear signal was the intraday range: low INR 8.32, high INR 11.60, indicating aggressive buying and intraday volatility.
Volume climbed to 152,887 shares, a relative volume of 16.96x, which supports the validity of the price move rather than a thin-market spike. Immediate technical levels: support near INR 8.32 and resistance near INR 11.60.
Drivers and catalysts behind the PARVATI.BO stock jump
Today’s rally appears driven by sector rotation into Basic Materials and short-covering rather than fresh company disclosures. There was no company-specific earnings release; next earnings date remains 15 Aug 2025 in the data set. Market-level headlines and SEC filings referenced by traders may have increased speculative flows source.
We also note wider commodity interest in agricultural inputs and sugar cycles boosted peer attention. Short interest compression combined with rising retail volume likely magnified the move.
PARVATI.BO stock fundamentals and valuation
Parvati Sweetners & Power Ltd (PARVATI.BO) has market capitalization of INR 1,446,695,025.00 and book value per share INR 6.27. Key ratios show mixed health: EPS -0.43, PE -22.56, and PB 1.55. Current ratio is strong at 5.07, suggesting ample short-term liquidity.
Margins are under pressure: net profit margin -34.89% and operating margin -26.13%, reflecting recent losses. Inventory days are very high at 1332.89 days, which raises working capital and execution concerns for long-term investors.
PARVATI.BO stock technicals and Meyka AI grade
Technically, momentum indicators are mixed: RSI 50.10 and ADX 26.02 (strong trend). Price sits well above the 50-day average INR 7.11 and 200-day average INR 7.39, suggesting a bullish short-term bias.
Meyka AI rates PARVATI.BO with a score out of 100: 59.05 / 100 — Grade C+, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade highlights short-term momentum but flags earnings losses and stretched inventory metrics.
PARVATI.BO forecast and price target analysis
Meyka AI’s forecast model projects monthly INR 7.49, quarterly INR 5.80 and yearly INR 4.18. Compared to the current INR 10.73, implied moves are: monthly downside -30.19%, quarterly downside -45.96%, yearly downside -61.05%. Forecasts are model-based projections and not guarantees.
Analyst-style price targets for active traders: conservative short-term target INR 11.50, stretch target INR 14.00 if momentum continues. Bear-case target tied to model: INR 5.00 if fundamentals reassert themselves.
Risks, sector context and trading considerations for PARVATI.BO stock
Primary risks include negative margins, long inventory days 1332.89, and negative ROE -6.37%. Debt ratios are moderate with debt-to-equity 0.28, limiting solvency risk but not offsetting operating losses.
In sector context, Basic Materials peers show stronger profitability and higher PB averages; PARVATI.BO remains a speculative play within the Agricultural Inputs industry. Active traders should watch volume confirmation and manage risk with stop-loss under INR 8.50 or per individual risk tolerance.
Final Thoughts
PARVATI.BO stock led BSE gainers on 23 Jan 2026 with a sharp 25.20% rise to INR 10.73, driven primarily by a large volume surge of 152,887 shares and short-covering interest. Fundamentals remain challenged: EPS -0.43, negative margins and excessive inventory days argue for caution. Meyka AI’s model projects monthly INR 7.49 and yearly INR 4.18, implying downside of -30.19% and -61.05% versus today’s price; these are model-based projections and not guarantees. Our technical read is bullish short term while the Meyka grade C+ (59.05/100) suggests a HOLD stance, balancing momentum against weak profitability. Traders seeking quick gains should use tight risk controls and consider short-term price targets of INR 11.50 to INR 14.00. Longer-term investors should wait for margin recovery and lower inventory days before adding exposure. For live updates and deeper screening see Meyka AI’s stock page for PARVATI.BO and market news Meyka PARVATI page. Additional market context available via filings and sector coverage source and broader market moves source.
FAQs
Why did PARVATI.BO stock jump on 23 Jan 2026?
PARVATI.BO stock jumped 25.20% on heavy volume (152,887), likely driven by short-covering and sector rotation into Basic Materials rather than company earnings.
What are the key risks for PARVATI.BO stock?
Key risks include negative EPS (-0.43), negative margins, very high inventory days (1332.89) and weak ROE. These factors heighten downside if momentum fades.
What price targets and forecasts exist for PARVATI.BO stock?
Meyka AI’s model projects monthly INR 7.49, quarterly INR 5.80, yearly INR 4.18. Short-term trader targets range INR 11.50–14.00; bear case near INR 5.00.
What is Meyka AI’s grade for PARVATI.BO stock and what does it mean?
Meyka AI rates PARVATI.BO with a score out of 100: 59.05 / 100, Grade C+, Suggestion: HOLD. This factors in benchmark, sector, growth, metrics and consensus.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.